Silicon Valley depressed following US economy

It was difficult to expect that the IT business and the venture capital market will not react in any way to the negative signals that the US economy as a whole sends. Of course, Silicon Valley is still one of the bright islands on the general gloomy background, but signs of decline are beginning to manifest themselves here, the NY Times writes . This is also confirmed by the dry numbers of statistics on the number of IPOs (red on the chart) and M & A venture capital deals (blue).



The total volume of M & A transactions over the past six months has dropped four times: from $ 10.5 billion to $ 2.5 billion. Anti-chords of recent years have been beaten both in quantity and in total turnover. This has not happened since the crisis of 2001-2002 after the collapse of the dot-coms. Here are the numbers of venture capital investments over the past five years and figures for the I quarter. 2008 Naturally, such a bad financial situation reduces the total number of new web startups, most of which are created for the purpose of resale.
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In addition, experts talk about signs of a crisis in online advertising , more cautious investments by companies in the IT industry, reduced hiring of new employees and increased costs for customers of offshore programming services, because the dollar has fallen dramatically. Not surprisingly, the shares of IT companies also fall after all. During this year, Google shares fell 31%, Apple shares 21%, and so on.